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AIR Airbus SE

153.58
-1.10 (-0.71%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Airbus SE EU:AIR Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.10 -0.71% 153.58 153.52 153.78 154.56 153.14 154.52 1,064,174 16:40:00

Airbus Signs MoU Over Urban Air Mobility in Singapore

12/02/2020 11:10am

Dow Jones News


Airbus (EU:AIR)
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By Olivia Bugault

 

Airbus SE said Wednesday at the Singapore Airshow that it has signed a memorandum of understanding with the Civil Aviation Authority of Singapore, or CAAS, over urban air mobility within the Asian country.

"Airbus and CAAS will collaborate to define and develop an initial urban air mobility service with an unmanned aircraft system," the European plane maker said. Both will also work on an unmanned traffic-management system among other projects, the company said.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

February 12, 2020 05:55 ET (10:55 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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